Those are the three ways of calculating 'averages'. Most of the time we use the mean. The mean is preferred by the Wall Street Journal in analyzing the lending being made by the largest banks to receive TARP money. The median is the method used by the Treasury in their analysis of the same data. The results look bad in both cases, but worse when using the mean.
No matter which method you prefer, lending is down. How soon it will go back up is anyone's guess.
No comments:
Post a Comment